REGISTERED COLVIPANY NUIIIBER: 11113608 (England and Wales) REGISTERED CIL41UTI' NUI¥IBER: 1176487 Report of the Trustees And Unalldited Financial Statements for the Year Ended 30 September 2024 for Preston Nomads Crieket Club (A Company Limited bv Guarantee) Preston Notnads Cricket Club Contents of the Fin8neial Statements for ¢heVeaT Ended 30 September 2024 Page Report of the Tru$tees Independent Examiner's Report Statement ofFlnonc5al Aetlvltles Statement of Flnanclal Posltlon Notes to the financial StatemeThts 10 to 15 Preston Nomads Cricket Club (Registered number.. 111136118) Report of the Trustees for the Year Ended 30 Seplember 2024 Thc trustCLS wlio also dircctors ol- the charity for tlie purposcs of ihc CL)mpanics Act 2006, prL'SCnt tlieir report with the finamcial st&teinents of the Lharity for the year ended 30 September 2024. The trustees have adopted the provisions of the Stat¢ineiii of Rccoininaidcd Practicc {SORP) 'Accountillg and Reporting by Charities" in preparing thc annual report and financial statement% of the chanty. Objectives And aetivities The obj¢crivcs and aims of th¢ chariiy are as follows.. to provide community participation in healthy recreation by providing facilitie.% for playing the sport of cricket ('facililies' being land, buildingg and equipmeijt). to promoie the ainateur SPOTt of crieket by providing coaching and developinent opportunities within the sport for all within the community. to advance the physical education of children and young people through the provisi011 of cricket coaching. We have referred to the guidaiice contained in the Charity Coinmission's general guidanLe on public benefit when reviewing our aims and objectives and in planning our t'uture activities. Page I Preston Nomads Cricket Club (Registered number.. 111136118) Report of the Trustees for the Year Ended 30 Seplember 2024 Achievement and performance Thc Club has again had a very successlul season, which is highly attributablc io the support and cfiorts of all the voluntccrs involved. There were many playinx highlights each week with individual perfOrm￿ces from pldyers young and old alike. Th'hil%t these dre often individual, a kev part of cricket is the team achievejnent. PartlLular team aLhievemenis inLlude At a naiional level. the Isl Xl r¢ached rhe last il of Ihe national T!0 In Sussex, the I st Xl won the Sussex premier league and reached the tinal of the T?0 competition at the County Ground. the 2iid Xl remain in Divi%ion 2, a very Challen￿ing position given they face I st Xl oprx)4ition each week. the 3rd Xl competed in Division 6 and continue to offer competitive cricket ag a pathway (o youngsters who can compete ai higher levels the 4th Xl challenged tor proinotion and succeeded by the smallcst of margins over 2 other tcams. The le￿ll also re￿h¢d the T2U finals at Hove Couniy Ground All of the teams above ineluded younger players eoi)tributing to seiiior criLket and playing with style. Pregton Nomads ig deli￿erIng successful cricket at all ages and thur all abilities. The Junior te&ins have their own competitions and leagues. Whereas some players will want to compeie in the senior teams, oth¢r8 will b¢ abl¢ to contribul¢ to t¢aTll p¢rfonnan¢¢s aTnoiig5t their own p¢¢rs. Notabl¢ su¢o¢s5¢s in¢lud¢d th¢ u18 t¢am winning ihe Sussex Febiival dnd rhe u13 boys redLhiiig rlie Id51 16 ofihe naiiundl ECB Iup. Thc Girls teams contifftue to go from strength to strength and wc liavc now cxpandcd to teams at tlie undLY 11, 13 and 15 agc groups. W¢ h8v¢ also had 2 aduli Woman i¢ains, whi¢l) agaiii has (ifter¢d opporluniP)I lo the young¢r play¢rs in th¢ club. We are in ihe early stages of developing a strdiegy for disability players at the Club. Working in partnership with Sussex Disability Lricket, we will host coachinTh and county games at Fulking and hope io widen partiLlPation so that sport Lan be enjoyed by all. The ground has continued to improve both inside and ouL8ide the boundari rope. During a very wet season, our investment in ne￿, covets looks 10 have been well linied and during autumn 2024 we will be having significant dr2ina¥e works to resolve some long term issues. The crieket grounds are ofteii coinplimei)ted &￿Id thanks io the Lnowledge Eu)d gkillg of the grounds teom for making this happen. Finally, a thank you lo all volunteers. Our trust¢¢s, mal¢h officials, coaches, team managers, pavilion i¢ams and all the un8ung heroes behind the fjcen￿ that make Pre%ton Nomads Such a great place to watch and play cricket. Fln8nci&l reyiew Princip￿] futhding sollrees The principal funding sour¢¢ was granis from the Spen Cama Cri¢k¢t Foundation. Reserves polie). The Llnresiricied incoine fund stood at £228,15912023.. £176,856) in surplus at the Jear end. The fund is available for future use at the digcretion ()f the trugtccs. Page 2 Preston Nomads Cricket Club (Registered number.. 111136118) Report of the Trustees for the Year Ended 30 Seplember 2024 Structure? goverllAnce and management Thc charity is incorporatcd undcr thc Companies Act 9006. It is a company limited by guarantee. The charity is governed by Ihe Memorandum amd Articles inLorporated on 15 Deceinber 2017. The chdrity must have a minimum nutnber of seven tru.%tee%. The tru.stee% are appointed by ordiiiary re%olution of the members in a general ineeting or by a decision ot the trustee9. Reference and administratii'e details Registered Compan}. number 11113608 (England and Wales) Reglstered Cbaritv number 1176487 Reglstered olll¢e 85 ChurLh Road Howe East Sussex BN3 2BB Trustees R J Eaton S J Olivcr lappointcd 101112024) A F Rowland P E Brown RJWCornev A Doctors S Gatting M RGlov¢r ? Hird C O'Brien Independent Examlner Wi15011 Saiidfoid Liiiiited Charter¢d a¥countants 85 Church Road Hove F.a.st Su$4ex BN3 2BB Page 3 Preston Nomads Cricket Club (Registered number.. 111136118) Report of the Trustees for the Year Ended 30 Seplember 2024 This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to sinall companies. Approved by order of tlie board of trustees on I l November 2024 and signcd on its behalf by.. R J Eaton - Tru.¥tee Page 4 Independent E.iaminer'5 Report to the Trustees of Preston Nomads Cricket Club Independent examlner's report to the trustees of Preston Nom¥ds Criekei Club ('the Company'} I report to the ch￿ltY Irustees on my examination of ttle ilbLountS Lif the Coiiipuiiy fur the year ended 70 September 2024. Responsibilities and basis of report As the charity's trusiees of the Company {and also its dir(￿tors for Ihe purwses of company law) you are responsible for the prep&ration of the accounts in gccordanc¢ with the r¢quir¢mcnts of the Cornpanies Act 200(1 {'th¢ 2006 Act,). Having satisfied myself that the aLcounlb of the Company are not required lo be audited under Part 16 of Ihe 2006 Act and are el jrwible lor independent examination, I report in respect ot my examination ol. your charily's accounts as carried out undcr Seciion 145 of the Chariiies Act ?01 l ('thc 10 I l Aci'l. In carrying oui my cxamination I have followcd the DircctiorLS given by the Chariiy Commission under Section 145(51 (b) of the 101 I Aci. Page 5 Independent E.iaminer'5 Report to the Trustees of Preston Nomads Cricket Club Independent examiner's statement Since your charity's gTOSS inconie exceeded £250,000 your examiner must be a member of a listed b(Mly. I can confirm that I am qualiticd to undcrtakc tlic cxamination bccausc l am a mcmber of tlic Insiitute of Chartcrcd Accountants in England and Wales, which is one of Ihe lisied bodies. I hai'e completed Iiiy exdmination. I confirin that no maiters have come to my attention in connection with the examination giwing me Lause to believe-. accounting Tccords w¢r¢ not kept in respcct of the Company as r¢quir¢d by Section 386 of Ih¢ 2006 Act- or Ihe accoiints do not accord with those records: or the accounts do not coiiiply with the accounting requireinents of Section 396 of the 2006 Act oiher than any requirement tlmt the accounts give a tnle and fair view whieh is not a matter coi)sidered as part of independent exkimii)a¢ion: or the accounts have nol been prepared in accordance ￿'1th th¢ incthods and principles of thc Statement ol- Recommended Praciice for accounting and reporting by charities (applicable to charities preparing their accounts in aLLurdanLe wilh ihe FindnLldl R￿O[ling, Stdndliid dppIiL(Lble in Ihg LK dnd RepubliL of Iitland {FRS 1021). I hai'e no concerns and have come acros5 no other matters in connection with the examination to which attentiun should be draThn in this repori in order to enable a proper understandino of the accounts to be reached. Robin F S Wilson FCA DChA Wilson Sandford Limilcd Chartered accountants 85 Church Road East Sussex BN3 2BB Date.. Page 6 Preston Notnads Cricket Club Statement of Finaneial Aetivities (Incorporalin¥ aT] ITJfQme Expenditure Ac¢ount} for ¢he Year Ended 30 September 2024 2024 2023 Total funds Unrestrieted fund Notes Income and endowments from Donations and legacies 200J72 95,590 Other irading activiiies Investm¢nt incoine Other income Total 124,068 1,385 94.028 458 190076 Expenditure on Raiqing Cunds 10,780 19.563 Charitable activities Tradin¥ activity co8t8 247,015 205.104 Other Total 124 667 NET INCOMEI{EXPENDITURE) 51,303 (34,591) Reconciliation of fllnds Total liiiids broughi lonvard 170,856 211.447 Total fund$ ¢arried lonvard 228 159 176856 Th¢ not¢s form part of thcs¢ financial &tat¢m¢nts Page 7 Preston Nomads Cricket Club (Registered number.. 111136118) Statement of Financial Position 30 September 2024 2024 Unrestricted fund 2023 Total fllnds Note5 Fixed assets Tangible cis%et Investments 73,448 60.930 50,000 110,930 73,448 Current assets st(￿ks Deb￿r5 InvestmLnts Cash ai bank and in hand 1.580 90.205 52,577 1,619 44.190 i? 2J6,715 75.092 Creditors -4mOUnt￿ falling due within 0￿e year 14 (62,OIM) (9.166) Net eurrent assets 154,711 65,926 Total a55ets less current liabilities 228,159 176,856 NET ASSETS Funds Unrestricted funds Total funds 228 1.$9 176856 228 159 228 1.$9 176.8.f 6 176856 The cliaritable company is entitled to exemption from audit undeT Section 477 of the Companies Act 2006 lor the year ended 30 S¢pt¢mb¢r 2Q)24. The members have not required the coillpany to obtain all audit of it5 rink￿ClaI statements tor the year ended 30 September 2024 in accordance with Section 476 of the Coinpanies Act 2(H)6. Th¢ not¢s form part of thcs¢ financial &tat¢m¢nts Page 8 continued... Preston Nomads Cricket Club (Registered number.. 111136118) Statement of Financial Position- continued 30 September 2024 The INstees acknowledge their responsibilities for (al cnsuring that thc charitablc company kccps accounting rccords rhat comply with Sections 386 and 387 of the Companies Ait 2006 and preparing finalicial stat¢m¢nts w'hich givc a tru¢ and fair view of the slate of affairs of th¢ charitabl¢ company as at the end of each financial yedr of its surplu% or deficit for each finaiicial year in accordance with the requirement% of Sections 394 and 39) and whiLh oihenvise coniply with the requirements of the Companies Aci 2￿6 relalinby to financial ststemenis, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable 10 charitsble companies subject to the ¥mall c(Trmpanies regime. Thc financial statements w¢r¢ approved by th¢ Board of Trustccs and authoriscd for issue on I l November 2024 and were signed on its behalf by": R J Eaton - Trust¢ Th¢ not¢s form part of thcs¢ financial &tat¢m¢nts Page 9 Preston Notnads Cricket Club Notes to the Finaneial Statements for the Year Ended 30 Seplember 2024 General information Preston Nomads Cricket Club is a private company, limited by guaraniee, registered in England and Wales. The company's r¢gist¢red nuinber and r¢gist¢red offic¢ address can be found on pag¢ l of the R¢port of th¢ Trustees. The presentation LurrenLy of the financial statements is ihe Pound Sterling (£). Accounting policies Basis of pr¥paring thi. financial stx¢LmLnts The charity constitutes d public benefit entlly as defined by FRS 101 The financial statements have been prepared in aecordanee with Accouniing and Reporting by Charities.. Slatemeni of ReLommended Practice applicable to charities preparing their accounts in accordanc¢ with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in Ociober 2UI 9, (he Financial Reporting Standard applicable in the Uniied Kingdom and Republic of Iitliind (FRS 102), Ilie Chariliets ALI 2011, the Compdnie% Act 200() dnd UK Gener4111v ALLwltd ALLuunling Practice. The financial stateinents are prepared on & going coi)cern basis under the hislorical cost convention. Criti¢41 a¢¢ounliThg Judge￿¢￿15 and key source$ of estimation uncertainty There are i)0 signiliLdni.judgemenib made In applying rhe dcLouniii)g poliLies. There no key assumpiio)ns thdl have a significant risk of causing a material adjustiiient to the carrying ainounts of assets and liabilities within the next fint￿ClaI vcar. Incolne All income is recogniqed in rhe Statement of financial actlvities once the charity has eiititlement to t]ie funds, it i probable that the income will be received and the amount Lan be nieasured reliably. Th¢ following sp¢cific polici¢s arc applicd to parlirular cal¢g0ri¢5 Ot incom¢'. Donation8 and ¥iftq are included in full in the stateinent of fIna￿CIal activities when receivable, Grants relating to revenue are included ill the statement of financial activities on a systematic basis over the periods iji WIIILI) Ilie Lliarily i-eiogIiise5 Ilit related iosts foi- wliicli tlie alit is iiiteiided to LoIiipeiisat¢. Wliei-e gi-aIits ajc re¢¢iv¢d in respe¢t of exp¢ns¢s or losses already incurr¢d by the eniity they are recognised in the statement o( financial activities in the period when the grant become8 receivable. CTrants relating tn capitsl are included in the %tatemeiit nf financial activities nn a &y8tematic ha%is nver the useful economic lite of the asset. Grants relating to assets which are deterred are recognised as a liability. In¢oTll¢ from charitablc trading activity is accouiit¢d for whcn earn￿. Page 10 continued... Preston Notnads Cricket Club Notes to the Financial Ststements- eonlinued for the Year Ended 30 Seplember 2024 Accounting policies- continued Expenditure Liabilities arc r¢cognis¢d as expenditure as soon as there is a legal or coiistnjctive obligation coinmitting the charity to that expeiiditure, li is probable that a transfer of economic benefits will be requireil in Settlement and the aiiiouni of the obligalion Lan be measureLI reliably. Expenditure is acLouiited for on an aLLruals basis and has ￿e1) Llas,4)9) relating to bar co.%ts, Clothing costs, cricket expenses, Building and drainage expenditure and plant & maLhinery. Staff costs 2024 2023 Wages and salaries 43,337 The average monthly number of employees during the year was as tollows.. 2024 2023 Employees No ernployees received emoluments in eAces5 of £60,000. Page 13 continued... Preston Notnads Cricket Club Notes to the Financial Ststements- eonlinued for the Year Ended 30 Seplember 2024 Tangible fixed assets Fixtures and fittings Plant gnd machinery Totals Cost At l Oetober 2023 Addiiions AI 30 September 2024 Depreciation At l October 2023 Charge for year At 30 Septeiiiber 2024 Net bnok Tralue At .30 Septeinber 2024 At 30 Septeinber 2023 39,157 30,337 62,1183 101,24 30 131577 6,897 33,413 40.710 16.286 io. Fixed asset investments There were no investtnent as%ets out%ide iht UIQ. ii. Stoeks 2024 2023 Storks 61() 12. Deb¢or5: ainouiits falling due within one )'ear 2024 2023 Other dcbiors VAT Prepayment% and accrued income 1.292 336 42,898 Page 14 continued... Preston Notnads Cricket Club Notes to the Financial Ststements- eonlinued for the Year Ended 30 Seplember 2024 13. Current asse¢ investments 2024 2023 Terni Deposits 14. Creditor5: amounts I'alling due within year 2024 2023 Trade creditors Social security and other taxes VAT Accruals and deferred income 15,207 557 417 15. Reliited party diselosures There were no related part transactions for the year ended 10 September 2024. Page 15 This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to clectronic fomi, authentication and manner of delivery under section 1072 of the Companies Act 2006.